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The parol evidence rule, though a venerable concept in contract law, remains a source of controversy. This key tenet of contract interpretation “bars extrinsic terms agreed upon prior to or at the same time as, a total integration regardless of whether the term is written or oral.” In other...
Persistent link: https://www.econbiz.de/10013014124
Prospective franchisees often enter into the franchisor-franchisee relationship without truly knowing what they are getting into, leading to franchisee confusion, disappointment, and frustration. As a countermeasure, the FTC’s Franchise Rule compels pre-contract disclosures intended to foster...
Persistent link: https://www.econbiz.de/10013221372
Commentators and lawmakers have called attention to the rising frequency of contractual arbitration as a non-negotiable condition of many relationships. Indeed, it is a rare individual who is not subject to at least one pre-dispute, binding arbitration agreement. This Article studies common...
Persistent link: https://www.econbiz.de/10013289467
The protection afforded to franchisees differs widely across the world. Nations with economically strong franchise sectors typically regulate the contract’s bargaining phase and post-formation. Responding to the European Parliament’s call for a review of regulations governing Europe’s...
Persistent link: https://www.econbiz.de/10013214733
When a franchise’s ownership and goodwill distribution under afranchising agreement are the subject of a dispute between two parties, thecharacterization of the parties’ franchise relationship is often contested.For example, in disputes arising from issues related to franchise...
Persistent link: https://www.econbiz.de/10013244169
Persistent link: https://www.econbiz.de/10010166547
Savoir faire is a fundamental concept in European distribution law, including franchising. Judges rely heavily on the application and interplay of the French Commercial Code, Civil Code, codes of deontology, and European Union regulations. Thus, a civil law franchise contract requires, inter...
Persistent link: https://www.econbiz.de/10012995940
Expert testimony is often tainted with accusations of bias and falsehood. A neutral factfinder, similar to the French huissier, could alleviate many of the problems posed by expert testimony in the American legal system. To demonstrate the effect a neutral factfinder may have, this Article...
Persistent link: https://www.econbiz.de/10012995942
This Article presents YUM! Brands, Inc. disclosure information and presents valuable insight into the risks of starting a business that shares intellectual property with another party. YUM! is the parent of entities such as KFC, Pizza Hut, and Taco Bell with locations around the world. YUM! is...
Persistent link: https://www.econbiz.de/10012848029
The framework for a successful franchise relationship governs procedures, performance, and standards. The franchisor agrees to lend, in effect, its intellectual property and guidance, among other things, in exchange for the franchisee’s royalties and other payments. Before entering into an...
Persistent link: https://www.econbiz.de/10013296694